Warehouse Space in Federal Way

Federal Way Warehouses Available for Lease

Federal Way, WA Warehouse Space for Rent.

Unlock your business potential in Federal Way, Washington with our expansive warehouse spaces for rent. Strategically located, these facilities offer ample square footage, tailored to accommodate your unique storage, distribution, or light manufacturing needs. Built with durability and efficiency in mind, our warehouses feature loading docks, drive-in access, and high ceilings, ensuring seamless inventory management and operational flexibility. Choose from a variety of sizes to match your specific requirements and grow your business effortlessly.

Benefits of Federal Way's, Industrial Market.

Federal Way's Industrial Market offers a range of advantages for businesses seeking warehouse space:

• Strategic Location: Located near Seattle-Tacoma International Airport and major freeways, providing easy access to regional and global markets.
• Ample Supply of Space: A wide selection of warehouse space options available, from small flex spaces to large distribution centers.
• Competitive Rental Rates: Rental costs are generally lower compared to neighboring industrial markets, offering cost savings.
• Skilled Workforce: Access to a skilled and experienced labor pool with experience in logistics, distribution, and manufacturing.
• Strong Infrastructure: Well-developed infrastructure, including transportation, utilities, and telecommunications.
• Tax Incentives: Various tax incentives and programs available to businesses locating or expanding in Federal Way.
• Growing Logistics Hub: Federal Way is emerging as a major logistics hub, with close proximity to major distribution centers and transportation corridors.
• Business-Friendly Environment: Supportive business climate with local government incentives and economic development programs.
• Access to Port: Convenient access to the Port of Seattle, a major gateway for international trade.
• Proximity to Urban Amenities: Close to urban centers, offering access to a range of amenities and services.

Why Federal Way is a Great Place to Locate a Business.

Discover why Federal Way is the ideal location to establish your business with its exceptional infrastructure and business-friendly environment.

• Centralized Location: Ideally situated between Seattle and Tacoma, Federal Way offers easy access to major transportation hubs, including the Seattle-Tacoma International Airport, Interstate 5, and Sounder Commuter Rail.
• Abundant Warehouse Space: Federal Way boasts a significant inventory of warehouse space for rent, with state-of-the-art facilities and flexible lease terms to suit various business needs.
• Skilled Workforce: Home to a highly skilled and educated workforce, Federal Way provides access to a talented labor pool with expertise in various industries, including logistics, manufacturing, and technology.
• Business-Friendly Environment: Federal Way offers a supportive business environment with low taxes, streamlined permitting processes, and incentives for businesses that relocate or expand in the city.
• Growing Consumer Base: Federal Way is experiencing rapid population growth, creating a vibrant consumer base for businesses seeking to tap into a growing market.
• Excellent Infrastructure: Federal Way's robust infrastructure includes a modern transportation network, reliable utilities, and high-speed internet connectivity, ensuring seamless business operations.
• Proximity to Major Markets: Located in close proximity to Seattle, Tacoma, and the Puget Sound region, Federal Way offers access to major markets and economic opportunities.
• Access to Resources: Federal Way provides businesses with access to a wide range of resources, including the Federal Way Business Association, the Port of Tacoma, and the Greater Seattle Chamber of Commerce.

Key Industries in Federal Way.

• Manufacturing: Home to numerous manufacturing companies, specializing in aerospace, automotive, and food processing.
• Transportation and Logistics: Strategically located near major transportation hubs, supporting a thriving logistics industry with warehouses and distribution centers.
• Healthcare: Growing healthcare sector with hospitals, medical facilities, and research institutions.
• Retail and Hospitality: Significant retail and hospitality presence, including shopping malls, restaurants, and hotels.
• Technology: An emerging technology hub with companies involved in software development, cloud computing, and cybersecurity.
• Education: Home to Highline College, a comprehensive community college offering a wide range of programs.
• Government and Non-Profits: Federal Way serves as a regional center for government agencies and non-profit organizations.

Demographics.

• Population: 93,540
• Median Age: 43.4
• Median Household Income: $85,444
• Education: 44.1% of residents have a bachelor's degree or higher.

Market Statistics.

• Vacancy Rate: 5.2%
• Average Asking Rents: $15/SF/YR
• Total Inventory: 40,000,000 sq. ft.